Euro Markets: Late sell-off unwinds carbon’s gains after early record

Published 17:50 on February 8, 2022  /  Last updated at 18:40 on February 8, 2022  /  EMEA, EU ETS, UK ETS  /  No Comments

European carbon prices reached their third record high in the last five sessions on Tuesday on news that French utility EDF had downgraded its 2022 nuclear generation estimates, putting more pressure on fossil generation to pick up the shortfall. 

European carbon prices reached their third record high in the last five sessions on Tuesday on news that French utility EDF had downgraded its 2022 nuclear generation estimates, putting more pressure on fossil generation to pick up the shortfall.

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